Meituan shifts focus from GMV to order volume amid declining sales

Meituan shifts focus from GMV to order volume amid declining sales
MeituanChina’s on-demand delivery giant Meituan has reportedly shifted its primary operational focus from pursuing GMV to increasing order volume in the second quarter, according to news outlet LatePost, as the company found a 10% to 20% drop in sales due to a continued decline in average transaction value. Meituan hopes to spur users to order […]

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